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The Black Swan: The Impact of the Highly Improbable cover

The Black Swan: The Impact of the Highly Improbable

Nassim Nicholas Taleb

0

awards won

3

score

#3278 of 3,809 books · #90 in Business & Economics

Shortlisted for the Financial Times and Standard Chartered Business Book of the Year Award (2007).

The Black Swan is about random events that underlie our lives, from bestsellers to world disasters. What have the invention of the wheel, Pompeii, the Wall Street Crash, Harry Potter and the internet got in common? Why are all forecasters con-artists? Why should you never run for a train or read a newspaper? These are Black Swans: events whose impact is huge, that are impossible to predict, yet after they happen we always try to rationalize them. The book shows us how to stop trying to predict everything and take advantage of uncertainty.

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Publisher
Penguin UK
ISBN-13
9780141906201
Topics
Uncertainty and riskRandomness and probabilityForecasting and decision-making

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